TELUS (FRA:BCZ) Debt-to-EBITDA : 4.93 (As of Mar. 2026) — 39% Above Median


FRA:BCZ TELUS Corp FRA:BCZ
63 GF Score
Price €9.00
GF Value €12.89
Valuation Possible Value Trap
! 8 Warning Signs
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What is TELUS Debt-to-EBITDA?

TELUS FRA:BCZ 63 Debt-to-EBITDA is 4.93 as of Mar. 2026, which is 39% above its 10-year median of 3.54. GuruFocus rates FRA:BCZ with a GF Score™ of 63/100 and a GF Value™ of €12.89 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 303 Telecommunication Services companies, TELUS ranks worse than 80.86% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

TELUS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €3,160 Mil. TELUS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €16,417 Mil. TELUS's annualized EBITDA for the quarter that ended in Mar. 2026 was €3,974 Mil. TELUS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 4.93.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for TELUS's Debt-to-EBITDA or its related term are showing as below:

FRA:BCZ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.79   Med: 3.54   Max: 4.69
Current: 4.69

During the past 13 years, the highest Debt-to-EBITDA Ratio of TELUS was 4.69. The lowest was 2.79. And the median was 3.54.

FRA:BCZ's Debt-to-EBITDA is ranked worse than
80.86% of 303 companies
in the Telecommunication Services industry
Industry Median: 2.01 vs FRA:BCZ: 4.69

TELUS  (FRA:BCZ) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


TELUS Debt-to-EBITDA Related Terms


TELUS Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TELUS's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TELUS Debt-to-EBITDA Chart

TELUS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.33 3.79 4.26 4.46 4.64

TELUS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.31 7.03 3.74 4.22 4.93

FRA:BCZ vs TMUS, VZ, T: Debt-to-EBITDA Comparison

For the Telecom Services subindustry, TELUS's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TELUS Debt-to-EBITDA vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TELUS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where TELUS's Debt-to-EBITDA falls into.


FRA:BCZ
63GF Score
TELUS Corp FRA:BCZ
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TELUS Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

TELUS's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2489.879 + 16985.283) / 4199.736
=4.64

TELUS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3159.898 + 16416.716) / 3974.46
=4.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.93 mean?
TELUS (FRA:BCZ) has a Debt-to-EBITDA of 4.93 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on TELUS. This is 39% above median its historical median of 3.54. Over the past decade, TELUS's Debt-to-EBITDA has ranged from 2.79 to 4.69. According to the industry distribution chart, TELUS ranks #245 out of 303 companies in the Telecommunication Services industry, placing it in the top 80.9%.
Is TELUS's Debt-to-EBITDA too high?
TELUS's current Debt-to-EBITDA of 4.93 is 39% above median its 10-year median of 3.54. Over the past 10 years, this metric has ranged from a low of 2.79 to a high of 4.69. The Telecommunication Services industry median Debt-to-EBITDA is 2.01. TELUS's value of 4.93 is 145.3% above this industry median. Based on the distribution chart, TELUS ranks #245 out of 303 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, TELUS has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TELUS's Debt-to-EBITDA compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, TELUS ranks #245 out of 303 companies for Debt-to-EBITDA. This places TELUS in the lower half of its industry. The industry median Debt-to-EBITDA is 2.01. TELUS's value of 4.93 is 145.3% above this benchmark. Historically, TELUS's own Debt-to-EBITDA has ranged from 2.79 to 4.69 over the past decade. While the company's 10-year median is 3.54 vs. the industry median of 2.01, TELUS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Telecommunication Services company?
The median Debt-to-EBITDA among Telecommunication Services companies is 2.01, based on 303 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TELUS's current Debt-to-EBITDA of 4.93 is 145.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on TELUS. For the Telecommunication Services industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TELUS's current Debt-to-EBITDA is 4.93, which is 39% above median its own 10-year median of 3.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TELUS stock overvalued right now?
Based on GuruFocus' analysis, TELUS (FRA:BCZ) is currently considered Possible Value Trap. The stock's GF Value™ is €12.89, compared to a current price of €9.00 — trading 30.2% below its estimated fair value. The current Debt-to-EBITDA is 4.93, which is 39% above median its 10-year median of 3.54 and 145.3% above the Telecommunication Services industry median of 2.01. TELUS's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For TELUS (FRA:BCZ), the current Debt-to-EBITDA is 4.93 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TELUS (FRA:BCZ) Overvalued in 2026?

Based on GuruFocus' analysis, TELUS stock appears to be undervalued. The current stock price of €9.00 is trading 30.2% below its estimated GF Value™ of €12.89. GuruFocus considers TELUS to be Possible Value Trap.

Key valuation signals for FRA:BCZ:

  • Debt-to-EBITDA: 4.93 (39% above median its 10-year median of 3.54)
  • GF Value™: €12.89 vs. price of €9.00 (30.2% below fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 145.3% above the Telecommunication Services median (#245 of 303)

No single metric tells the full story. See the FRA:BCZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TELUS Business Description

Other Exchanges TU:USAT:Canada
Address 510 West Georgia Street, 23rd Floor, Vancouver, BC, CAN, V6B 0M3
Telus is one of the Big Three wireless service providers in Canada, with over 10 million mobile phone subscribers nationwide constituting almost 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. Mostly because of recent acquisitions, more than 20% of Telus' sales now come from nontelecom businesses, most notably in the international business services, health, security, and agriculture industries. The firm has a 55% economic stake in Telus International.
63GF Score

Get the complete analysis for FRA:BCZ

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€9.00
Price
€12.89
GF Value